Surat is a booming business centre and has a prosperous textile industry. More than two million people are employed by the approximately 10,000 textile industries and mills in Surat. Additionally, the city exports more than $10 billion worth of textiles each year.. A symbolic link exists between Surat’s textile industry and its real estate market. The expansion of manufacturing centres and townships due to the presence of textile mills and manufacturers has increased demand for commercial and residential properties.
See also: Top Pharma companies in Surat
Business landscape in Surat
With a wide variety of sectors, Surat is a significant business centre in India. Although the city is well known for its diamond grinding and polishing sector, it also has a variety of other sectors, including those for textiles, plastics and chemicals. The largest diamond processing and polishing facility is located in Surat. Over 90% of the world’s diamond cutting and polishing is done in this location. With significant operations in the weaving, colouring and printing sectors, Surat is a considerable textile centre. Additionally, the city is home to several manufacturing facilities for clothing.
Top textile industries in Surat
Shree Durga Syntex
Industry: Exporters, Importers, Garment, Textile
Sub-industry: Yarn, Fibre, Thread, Textile, Handlooms
Company type: India’s 501-1000
Location: Althan, Surat, Gujarat 395017
Founded in: 2003
This company is a producer and importer of synthetic fibres. The business exports its goods to more than 50 nations and has a significant presence in the Indian market.
Karl Mayer India
Industry: Garments
Sub-industry: Textile machines
Company type: MNC
Location: Ichchhapore, Surat, Gujarat 394510
Founded in: 2018
A German business called Karl Mayer makes knitting machines. The company has subsidiaries in over 20 nations, with its headquarters in Obertshausen, Germany.
Savani Textile Industries
Industry: Textiles
Sub-industry: Yarn
Company type: Private
Location: Sachin, Surat, Gujarat 394230
Founding date: 2017
Leading yarn producers may be found in Surat, Gujarat, India, including Savani Textile Industries. R. K. Savani began the business in 1972 and it has since expanded to rank among the biggest yarn producers in the nation.
Aastha Fashions
Industry: Garments and textiles
Sub-industry: Yarn, Fibre, Thread, Accessories
Company type: Industry top
Location: Vesu, Surat, Gujarat 395007
Founded in: 2002
The leading producer and exporter of clothing, comprising sarees, kurtas and suits is Aastha Fashions. The business exports its goods to more than 50 nations and has a significant presence in the Indian market.
Preksha Tex
Industry: Textiles
Sub-industry: Fabric manufacturing
Company type: Private
Location: New Textile Market, Surat, Gujarat 395004
Founded in: 1992
The production of woven fabrics, including textiles made from cotton, polyester, and hybrid materials, is Preksha Tex’s area of expertise.
Anand Rayons
Industry: Garment and textiles
Sub-industry: Yarn, Textile, Accessories
Company type: Industry top
Location: Khatodra Wadi, Surat, Gujarat 395001
Founded in: 1987
To carry out the group’s vision by putting into practice what they had envisioned when taking over Anand Enterprise and the other four sister concerns, the group has brought together all of their yarn trading, deemed manufacturing of yarn and fabrics and construction operations under the company Anand Rayons.
APL Corporation
Industry: Garments and textile
Sub-industry: Yarn, Fibre, Textile
Company type: Industry top
Location: Sagrampura, Surat, Gujarat 395002
Founding date: 2010
The business exports its goods to more than 50 nations and has a significant presence in the Indian market. In Surat, Gujarat, the firm operates a cutting-edge manufacturing facility. The facility has the most modern equipment and technology.
Bindal Silk Mills
Industry: Garments and textiles
Sub-industry: Yarn, Fibre, Thread, Readymade Garments
Company Type: Private
Location: Kumbharia Gam, Surat, Gujarat 394210
Founded in: 1984
The leading producer and exporter of silk fabrics is Bindal Silk Mills. The business has been operating for over 40 years and has headquarters in Surat, Gujarat, India. Sarees, suits, dupattas, and scarves are just a few items made from various silk fabrics available at Bindal Silk Mills.
Commercial real estate demand in Surat
Office space- Due to the city’s high economic growth and the growing popularity of the IT and manufacturing industries, there is a rising need for office space in Surat. In Surat, the monthly rent for an office square foot typically costs around Rs 100.
Rental property- The city’s expanding demographic and the influx of migrants contribute to an increase in the demand for rental property in Surat. In Surat, a residential home can be rented for about Rs 15,000 per month.
Impact- The economy of Surat is benefiting from the rising demand for commercial real estate there. It is bringing firms to the city, generating jobs and increasing investment.
Impact of textile industries on Surat
A significant source of work in Surat is the textile sector. More than 2 million people receive jobs from it both directly and indirectly. For many city residents, this raises their level of living and helps to eliminate poverty. The growth of Surat’s economy is aided by the textile sector. Each year, it brings in billions of rupees in revenue. Important social programmes and infrastructure initiatives are financed with the help of this income.
FAQs
Which fabric is renowned in Surat?
Due to its extensive silk production, Surat is also known as the ‘Silk City of India’ Pure silk saris or silk saris with elaborate zari work are both reasonably priced in the textile market.
In Surat, how many textile industries exist?
The Surat synthetic textile hub has 6.5 million power looms, 150 to 200 wholesale textile marketplaces, 20,000 producers and 50,000 to 60,000 embroidered machines.
Which Gujarati textile sector is the biggest?
Gujarat's primary centre for the textile industry is Ahmedabad. Additionally, there are textile processing plants in Rajkot, Surat and Vadodara.
What products are renowned in Surat?
A trip to Surat would be incomplete without perusing the city's textile market because the city is well known for its textile sector. Silk, georgette, cotton and other textiles are available in the crowded markets of Surat.
What is the largest industry in Surat?
With more than 5,000 diamond manufacturing facilities, including some of the most cutting-edge, expansive plants in the world, Surat is also renowned as the largest diamond-producing hub in the world.
Which Gujarati city is the state's textile hub?
Gujarat's primary centre for the textile industry is Ahmedabad. Additionally, there are textile processing plants in Surat and Rajkot, to name a couple.
What makes Surat unique?
Visiting the purportedly haunted Dumas beach is one of the well-known Surat attractions. Dumas Beach, which is only 21 km from Surat, is well-liked by tourists for its stunning views and iron-rich black sand.
Which Indian city produces the most textiles?
The top cloth maker in India has been revealed to be Bhilwara. It is a well-known industrial town in Rajasthan and is also referred to as the Textile City of India. It includes half of the total amount of polyester textiles and suits produced in India.
What is India's second-largest textile industry?
Vardhman Textiles, the next-biggest textile company in India, has controlled the market for over fifty years now. It is currently one of the top textile businesses in the nation.
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